Business, 13.07.2019 03:10 flashpoint0117
Raul, a business student, decided to lease and operate an ice cream stand during his summer vacation. because he could not afford rent payments, his lessor agrees to take 30 percent of the profits as rent and provide the stand and the parcel of real estate on which it stood. are the two partners? why or why not?
Answers: 2
Business, 22.06.2019 16:10, SmokeyRN
Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.
Answers: 2
Business, 22.06.2019 19:40, jair512872
Lauer corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: date transaction number of units cost per unit 1/1 beginning inventory 210 $ 910 5/5 purchase 310 $ 1,010 8/10 purchase 410 $ 1,110 10/15 purchase 255 $ 1,160 during the year, lauer sold 1,025 laptop computers. what was cost of goods sold using the lifo cost flow assumption?
Answers: 1
Raul, a business student, decided to lease and operate an ice cream stand during his summer vacation...
History, 27.09.2019 02:40
Mathematics, 27.09.2019 02:40
History, 27.09.2019 02:40
Mathematics, 27.09.2019 02:40
History, 27.09.2019 02:40
Biology, 27.09.2019 02:40